Shares of The Campbell’s Company (NASDAQ:CPB – Get Free Report) reached a new 52-week low on Wednesday . The stock traded as low as $19.70 and last traded at $19.8560, with a volume of 1506450 shares. The stock had previously closed at $20.21.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on CPB shares. Stifel Nicolaus reduced their price objective on shares of Campbell’s from $25.00 to $20.00 and set a “hold” rating for the company in a report on Tuesday, April 21st. Zacks Research raised shares of Campbell’s from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 12th. BTIG Research started coverage on shares of Campbell’s in a report on Monday, April 13th. They issued a “neutral” rating for the company. BNP Paribas Exane reduced their price objective on shares of Campbell’s from $22.00 to $19.00 and set an “underperform” rating for the company in a report on Thursday, April 9th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Campbell’s in a report on Thursday, April 2nd. One investment analyst has rated the stock with a Buy rating, fourteen have issued a Hold rating and seven have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $26.06.
Check Out Our Latest Stock Analysis on Campbell’s
Campbell’s Stock Down 0.2%
Campbell’s (NASDAQ:CPB – Get Free Report) last released its quarterly earnings data on Wednesday, March 11th. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.06). Campbell’s had a return on equity of 19.96% and a net margin of 5.48%.The firm had revenue of $2.56 billion during the quarter. During the same quarter in the prior year, the company earned $0.74 EPS. The business’s revenue was down 4.5% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, equities analysts predict that The Campbell’s Company will post 2.19 earnings per share for the current year.
Campbell’s Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Thursday, July 2nd will be issued a $0.39 dividend. The ex-dividend date is Thursday, July 2nd. This represents a $1.56 dividend on an annualized basis and a yield of 7.7%. Campbell’s’s dividend payout ratio is currently 85.25%.
Institutional Investors Weigh In On Campbell’s
Large investors have recently added to or reduced their stakes in the stock. Stance Capital LLC bought a new stake in Campbell’s during the third quarter worth approximately $27,000. Los Angeles Capital Management LLC bought a new stake in Campbell’s during the fourth quarter worth approximately $29,000. Geneos Wealth Management Inc. boosted its position in Campbell’s by 333.3% during the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock worth $39,000 after purchasing an additional 750 shares during the period. Sittner & Nelson LLC bought a new stake in Campbell’s during the fourth quarter worth approximately $29,000. Finally, Flagship Harbor Advisors LLC bought a new stake in Campbell’s during the fourth quarter worth approximately $29,000. Institutional investors own 52.35% of the company’s stock.
Campbell’s Company Profile
Campbell’s (NASDAQ: CPB) is a leading manufacturer of shelf-stable foods and beverages, best known for its iconic soups and broths. Headquartered in Camden, New Jersey, the company offers a diverse portfolio of products designed to meet consumer demand for convenient, affordable meals and snacks. Since its founding in 1869, Campbell’s has grown through a combination of organic innovation and strategic acquisitions to expand its presence in the food industry.
The company’s brand portfolio includes Campbell’s Condensed Soups, V8 juices, Prego pasta sauces, Swanson broths and stocks, Pace salsas and dips, and Pepperidge Farm baked snacks.
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